THE DAPACT

The DApact is a blockchain framework for microfinance that lets existing microlenders perform credit operations as non-custodial entities – i.e. with no escrow of the loan principal. This permissioned protocol creates a financing bridge between international lenders and micro-borrowers in low-income countries, empowering small local financial service providers with a Blockchain- as-a-Service engine for loan origination and financing, freeing them from non-operating tasks. The DApact aims to slash the costs of bringing financings to the unbanked by refocusing microlenders on field operations, using end- to-end value transfer potency of the blockchain.